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Ryde to reach 100% renewable energy target early

Published on 06 June 2022

The City of Ryde will reach its 100 percent renewable energy target eight years ahead of schedule after it joined 24 other councils to enter into one of the largest renewable energy deals ever for local government.

Worth approximately $180 million, the retail electricity agreement led by the Southern Sydney Regional Organisation of Councils (SSROC) and energy retailer ZEN Energy will deliver more than 214 gigawatt hours per year to the City of Ryde and other participating councils.

Overall, 83 percent of the total electricity supply under the agreement will be covered by renewable energy from the Moree, Hillston and Nevertire Solar Farms, which are all located within NSW. 

The City of Ryde has opted for 100 percent renewable energy under the agreement. This commitment will mean the City of Ryde will reach its 100 percent renewable energy target this year – eight years before its initial target date of 2030. 

In total, the agreement led by SSROC and Zen Energy involves the supply of electricity to more than 300 major council facilities, more than 210,000 streetlights and more than 3000 small sites managed by councils. It will run until 2026 with an option to extend to 2030.

The participating councils in the latest agreement are: Bayside, Burwood, Campbelltown, Canada Bay, Canterbury-Bankstown, Fairfield, Georges River, Hornsby, Hunters Hill, Inner West, Ku-ring-gai, Lane Cove, Liverpool, Mosman, North Sydney, Parramatta, Port Stephens, Randwick, Ryde, Singleton, Sutherland, Tamworth, Waverley, Willoughby and Woollahra.  

 

SSROC was advised by Sourced Energy, Next Energy, Allens and Procure Group.

Last updated on 9 June 2022